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Smart Ticketing Market to Grow at CAGR of 14.5% through 2022

Smart ticketing refers to the system where a privilege to travel is stored digitally on a microchip instead of being in print on a paper ticket. In nearly every smart ticketing system, the microchip on that a ticket is stored is implanted in a smartcard. Consequently, the smart ticketing system is in general called as smartcard schemes, while there is a lot more to the system than just the smartcard.

It utilizes the Government supported ITSO specification to permit flawless travel among, also within, regions and cities along with various ways of transport. In a recent report published by Research Report Insights, brings out that the worldwide market for smart ticketing is projected to reflect a remarkable 14.5% CAGR all through the projection period to reach a value of over US$ 5,000 Mn all through the end of 2022

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Smart ticketing allows passengers to credit or load tickets beforehand of travel, quickens boarding times along with reducing queuing. Security and fraud was the major issue faced by the consumer, with the introduction of smart tickets it becomes far harder to duplicate and could be electronically wiped out the minute they are accounted stolen or lost with any leftover balance returned leading in reduced revenue loss.

Market Segmentation:

Component: POS Terminals, Card Readers, Smart Cards, Ticket machine, Software Platform; Connectivity Technology: Near Field Communication, RFID, Barcode, Cellular Networks, Wi-Fi; End-User Applications, Transportation, Sports & Entertainment, Healthcare, Parking, Others; Region: North America, Latin America, Europe, Japan, APEJ, MEA

It can also operators to run their personal loyalty schemes plus offer ticket formed to fit needs of individual customers. It also enables consumers to top-up several smart products at a selected location.

Fewer sustainment costs, reliability and end-user customer satisfaction directing towards a fewer number of related costs and claims, increased revenue by an offering of new services or multi-services and lower costs and operational efficiency by enhanced service maintenance and planning are some of the benefits offered by the introduction of smart ticketing.

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The initiation of smart ticketing the public transport might make cheaper and easier life for passengers. To make this happen, it is crucial that any smarter ticketing system must be well designed also accurately implemented.

Aside from the smart security verification, the smart ticketing scheme is furnished with water resistance characteristics, because of which the life expectancy of the ticket is nearly longer when contrasted with a conventional paper ticket. Makers are progressively incorporating astute technology in the smart ticketing schemes keeping in mind the end goal to build their client base.

Supplanting the paper tickets, the smart ticketing schemes have likewise made advances to transportation and tourism industry. Growing interest for speedy access to the theatre, parks and movies is anticipated to affect expansion of the worldwide smart ticketing market. Digitized ticket booking platforms along with the integration of chip-based plus barcode advancements are encouraging a fast implementation of the fast ticketing system.

Key Players:

Xerox Corporation, Cubic Corporation, Gemalto NV, Rambus, Confidex Ltd., NXP Semiconductors, CPI Card Group, Infineon Technologies AG, HID Global Corporation and Giesecke & Devrient GmbH.

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High Pressure Processing Equipment Market Poised to Rake in US$ 133.5 Mn by 2026

Research Report Insights (RRI) delivers key insights on the global High pressure processing equipment market in its latest report titled, “High Pressure Processing Equipment Market by 2026”. The report projects the market size on the virtue of adoption of high pressure processing equipment for cold pasteurization in global food and beverages industry. According to the report, the global high pressure processing equipment market is projected to expand with an estimated CAGR of 12.3% in terms of volume, over the forecast period. 

Among applications based segments, juices & beverages segment is anticipated to register relatively higher CAGR in terms of value over the forecast period. Global sales of high pressure processing equipment was valued at US$ 133.5 Mn by the end of 2016, and is expected to create an incremental dollar opportunity of US$ 350.5 Mn during the forecast period. HPP equipment market in North America region occupied a lion share of 40.3% in the global high pressure processing equipment market in 2016 and is expected to continue its dominance throughout the forecast period.

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Changing life style and eating habits have resulted in significant increase in demand for processed, packaged food products and ready-to-eat food across the globe. Also, increasing health concerns and growing awareness about benefits associated with consumption of “clean label” food among consumers is expected to propel growth of HPP equipment market over the forecast period. Moreover, stringent regulations in countries like U.S and European Union nations pertaining to food safety are expected to influence the high pressure processing equipment market.

Global high pressure processing market anticipated to register a CAGR of 13.7% in terms of value during the forecast period, 2016–2026.

Segmentation analysis

On the basis of vessel arrangement type, the horizontal vessel type segment is anticipated to continue to dominate the market in terms of value over the forecast period

On the basis of applications, the meat segment is anticipated to dominate the market in terms of value and volume. The juice & beverage application segment is anticipated to witness robust growth in terms of value and volume over the forecast period. In terms of value, the juice & beverage segment is expected to expand at a CAGR of 15.5% over the forecast period On the basis of capacity, the above 300 litres segment is expected to be the most attractive in terms of CAGR and market share.

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Regional analysis

North America and Europe collectively controlled 75% share of the global high pressure processing equipment market value in 2016. North America high pressure processing equipment market is expected to remain dominant over the forecast period. This growth is expected to be driven, primarily, due to high demand for high pressure processing equipment in various end use applications and among tolling services providers. Countries in Asia Pacific region, especially, China are expected to witness robust growth in adoption of high pressure processing equipment during the forecast period.

Global High Pressure Processing Equipment Market to register a CAGR Of 13.7% over 2026, with North America Dominating the Overall Market: RRI

Vendor insights

The global high pressure processing equipment market is consolidated and is characterised by presence of a handful of companies including Avure technologies, Hiperbaric SA, Multivac Group, Kobe Steel, Ltd., Bao Tou KeFa High Pressure Technology Co., Ltd, and Stansted Fluid Power Ltd among others

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Automotive Drive Shafts Market will Register a CAGR of 6.1% through 2024

According to the research report by Research Report Insights, the global automotive drive shafts market was valued at US$5.3 bn in 2015 and is likely to be worth US$8.9 bn by the end of 2024. During the forecast years of 2016 and 2024, the global market is expected to progress at a CAGR of 6.1%.

Heavy Commercial Vehicles to be Prime Consumers of Automotive Drive Shafts

On the basis of vehicles, the market is split into passenger cars, heavy commercial vehicles, and light commercial vehicles. Of these, the heavy commercial vehicles are expected to show steady growth rate in the coming years due to their demand in the transportation industry. The research report states, that the heavy commercial vehicles segment will rise at a CAGR of 6.2% between 2016 and 2024. The increasing demand for automotive shafts in production and serving of heavy-duty trucks is estimated to provide an impetus to the segment in the coming years.

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Geographically, the market is segmented into Asia Pacific, Europe, North America, the Middle East and Africa, and Latin America. Asia Pacific is poised to remain the leading regional market in the coming years as the demand for automobiles and their production picks up pace. The report estimates, that Asia Pacific automotive drive shafts market will rise at a CAGR of 6.5% between 2016 and 2024.

Repair and Replacement of Old Parts Augments Demand for Automotive Drive Shafts through After-sales Services

The global automotive drive shafts market has been growing due to the unstoppable production of vehicles in emerging economies of Taiwan, India, China, and Singapore amongst others. As economies limp back to normalcy after the depression of 2008, the production and sales of automobiles and their parts have steadily risen to generate soaring revenues. In the coming years, the increasing investments in automobile manufacturing, especially in countries such as China, is likely to boost the automotive drive shafts market.

The demand for automotive drive shafts has also been increasing as they are the most critical parts of a vehicle. As they are known to working under continuous pressure and stress, they undergo severe damage, which demands their replacement or repair. Thus both of these factors are expected to propel the sale of automotive drive shafts in developing and developed countries.

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Emerging Trend of Electric Vehicles to Impede Market Growth

Despite the steady market drivers, the global automotive drive shafts market is facing a tough challenge. The rising trend of electric cars against the backdrop of emerging pollution concerns is expected to restrain the growth of the market. Electric cars operate on batteries, which can be charged. Thus, they completely eliminate the need for automotive drive shafts. Analysts state, “if this trend is to grow rapid as countries work on reducing carbon footprint it could negatively impact the global market”.

The global automotive drive shafts market has several players in the market, making the landscape fragmented. Some of the leading players in the market are Dana Holding Corporation, NTN Corporation, Hyundai Wia, and Yamada Manufacturing Co., Ltd. The companies are focused on development of new products with enhanced quality. To deal with competition, several players will emphasize on mergers and acquisitions to expand their geographical reach and penetrate into many other foreign markets.

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Body Armor Market to Grow at a CAGR of 4.0% through 2021

Research and Development in Manufacturing Technology of Body Armor Drives Market

The ongoing soldier modernization programs initiated by several governments across the globe are augmenting the sale of body armor. Organizations are also investing in state-of-art armor as they come with enhanced mobility, lethality, sustainability, and survivability, states Research Report Insights. The increasing investments in research and development activities to develop light-weight materials and to incorporate technical precision in manufacturing body armor suits is likely to drive the growth of the market in the near future. The rising threats of terrorism due to political instability are also expected to boost the demand for body armor in the near future.

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The report states that the opportunity in the global body armor market was worth US$3.30 bn in 2014 and is expected to reach US$4.33 bn by the end of 2021. Between 2015 and 2021, the overall market is projected to expand at a CAGR of 4.0%. The global market will also receive an impetus from laws mandating use of body armor among law enforcement and military personnel, as is seen across the U.A.E. Furthermore, the investments made by Brazil, Russia, the U.S., and India to develop sophisticated materials will also enhance the quality of body armor in the near future, thereby propelling their demand.

Demand for Type IV Body Armor Projected to Remain High

The types of body armor available in the global market include type I, type II-A, type II, type III-A, type III, and type IV. The type IV body armor is being widely adopted by militaries across the world as they lend among the highest levels of protection. This armor claims to protect against .30 caliber armor piercing bullets along with single-hit protection from the type I, type II-A, type II, and type III threats. Replacement of obsolete armor with advanced versions will also propel the sale of type IV body armor in the coming years. Owing to these reasons, the type IV body armor segment is expected to expand at a CAGR of 3.6% between 2015 and 2021 in terms of revenue.

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High Incidence of Handgun Crimes Attributable to North America’s Leading Position

North America, Europe, the Middle East and Africa, Latin America, and Asia Pacific are the key regional segments of the global body armor market. Of these, North America held a leading share of 50.3% in the global market in terms of revenue. By the end of 2021, this share will rise marginally to 50.4%. The persistent acquisition of advanced equipment by military organizations in the U.S. is the primary growth driver for the body armor market. Furthermore, the high incidence of handgun crimes is also likely to spur the demand for body armor during the forecast period.

Some of the leading players in the global body armor market are Honeywell International Inc., Point Blank Enterprises, Inc., BAE Systems, Inc., Sarkar Defense Solutions, MKU Pvt. Ltd., and Safariland, LLC. Companies will have to focus on achieving technological precision to add features to body armor that not only prevent injury but also reduce the level of trauma. In the near future, players focusing on research and development are likely to garner the biggest shares in the overall market.

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Senior Probiotics Supplements Market is Anticipated to Register 9.8% CAGR through 2027

In this report, Research Report Insights offers a 10-year forecast of the global senior probiotics supplements market between 2017 and 2027. In terms of value, the market is expected to expand at a CAGR of 9.8% over the forecast period. The current study reveals the market trends and market dynamics in all seven regions that are expected to positively affect the current market environment and future scenario of the senior probiotics supplements market over the forecast period.

Report Description

This RRI report inspects the senior probiotics supplements market for the period 2017–2027. The prime objective of this report is to offer insights into developments in the senior probiotics supplements market that are gradually helping transform global businesses associated with the same.

The global senior probiotics supplements market report begins by the executive summary and defining various categories and their share in the senior probiotics supplements market. It is followed by market dynamics, overview of the global senior probiotics supplements market, which includes RRI analysis of market drivers, restraints, opportunities and trends that are affecting growth of the senior probiotics supplements market. Furthermore, to understand the popularity of the market segment and regions, the attractiveness index with elaborated insights on the same is provided, which will show the market’s attractiveness based on the factors such as CAGR and incremental opportunity.

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Elders are becoming aware about the health benefits probiotics supplements which in turn is surging the demand for senior probiotics supplements based products. Thus, enhancing the sales for formulation containing probiotic supplements. By the end of 2016, over 550 million people were aged over 65 year or older, which translates to roughly 8% of the world population. Over next thirty years, the number of people ageing sixty year or above will increase thrice and projected to surpass 1.5 billion- representing over 15% of the global population.

Associated health benefits of probiotic supplements, digestive system is responsible for catalyzing the food products consumed and absorption of vitamins and minerals from food and nutritional supplements, maintaining the digestive health is very important factor in optimizing nutrient intake and preventing from deficiency related bodily conditions. If the body remains deficient of required essential nutrients, immune function is likely to be compromised and there is higher probability of developing several health concerns. Medical practitioners and individuals realized the associated health benefits and thus recommending probiotic supplement to senior instead of high dosage of chemical based medicines.

The market is segmented based on bacteria, formulation type, distribution channel, and region. On the basis of bacteria type segmentation includes Lactobacillus, Streptococcus, Bifidobacterium and others. Based on formulation type, the market is segmented into capsules, tablets, liquid, and powder premixes. Among all the formulation type segment, capsule is expected to account for the highest market share, followed by powder premixes over the forecast period. The capsule segment is expected to register a significant CAGR of 11.4% during the forecast period in terms of value. The powder premixes is projected to register a CAGR of 9.0% over the forecast period in terms of value. The factors fuelling demand for probiotics supplements in elders is that, as their bodies cannot easily digest food and they also have lack of immune support. These factors are collectively supporting demand for probiotic supplements among the global elderly population.

Senior Probiotics Supplements can be classified as pharmacy stores, specialty stores, hypermarket/supermarket, and e-commerce based on distribution channel segment. Among all the distribution channel type segments, specialty stores segment is expected to exhibit a significant CAGR over the forecast period. Specialty stores segment is expected to continue its dominance in terms of market share over the forecast period.

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The next section of the report highlights the senior probiotics supplements adoption, by region, and provides the market outlook for 2017–2027. The study investigates the market attractiveness regionally, as well as analyses the limit to which the trends are influencing the senior probiotics supplements market in each region. Main regions assessed in this report include North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East & Africa (MEA). The sections, by form, and by application, evaluate the present scenario and growth prospects of the regional senior probiotics supplements market for 2017–2027. Increasing focus of global key players for expansion in Western Europe and APEJ region is expected to increase the senior probiotics supplements market share in these regions. The North America market has been estimated to dominate the senior probiotics supplements market, accounting for maximum revenue share of the market by 2017 end. Collectively, North America and Western Europe markets are expected to account for over 70.6% revenue share of the global senior probiotics supplements market by 2017 end. Among the emerging markets, APEJ is estimated to exhibit a significant CAGR of 8.8% over the forecast period, followed by Western Europe market, due to the increasing elderly population.

To ascertain the senior probiotics supplements market size, we have also taken into account the revenue generated by the various manufacturers. The forecast presented here assesses the total revenue generated by value, across the senior probiotics supplements market. In order to provide an accurate forecast, we initiated by sizing up the current market, which forms the basis on how the senior probiotics supplements market is expected to develop in the future. Given the characteristics of the market, we triangulated the outcome on the basis of three different types of analysis; based on supply side, downstream industry demand and the economic envelope. In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse the market based on key parameters, such as year-on-year (Y-o-Y) growth rates, to understand the predictability of the senior probiotics supplements market and identify the right opportunities across the market.

The senior probiotics supplements segments based on bacteria, formulation type, distribution channel, and region, have been analysed in terms of basis point share (BPS) to understand the individual segment’s relative contributions to market growth. This detailed level of information is important for identifying various key trends in the senior probiotics supplements market. Another key feature of this report is the analysis of key segments in terms of absolute dollar opportunity. This is overlooked while forecasting the market. However, absolute dollar opportunity is critical for evaluating the scope of opportunity that a provider can look to achieve, as well as to identify potential resources from a delivery perspective of the senior probiotics supplements market. The overall absolute dollar opportunity along with the segmental split is mentioned in the report.

To understand key growth segments in terms of growth and adoption for senior probiotics supplements globally, Research Report Insights developed the senior probiotics supplements market ‘Attractiveness Index.’ The resulting index should help providers identify real market opportunities.

In the final section of the report on senior probiotics supplements, the ‘dashboard view’ of the companies is provided to compare the current industrial scenario and their contribution in total senior probiotics supplements market. Moreover, it is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment. Report audiences can gain segment-specific manufacturer insights to identify and evaluate key competitors based on the in-depth assessment of their capabilities and success in the senior probiotics supplements marketplace.

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Detailed profiles of senior probiotics supplements production companies are also included in the report to evaluate their long– and short–term strategies, key product offerings and recent developments in the senior probiotics supplements market. Key market competitors covered in the report include Church & Dwight Co. Inc., DR. WILLMAR SCHWABE GROUP, The Clorox Company, i-Health, Inc., Jarrow Formulas, NOVA Probiotics, Natural Factors Inc., Total Nutrition, Inc., PharmaCare Laboratories, BioGaia AB, and Lifeway Foods, Inc.

Water Treatment Market to expand at a CAGR of 7.5% by 2027

Water treatment is a process that purifies water, turns it into its natural state and makes water suitable for drinking or other applications. Due to the massive water pollution, nowadays it has become a basic requirement to human being for both residential and commercial usage. In a published report by Research Report Insights(RRI), it is estimated that the global market for water treatment is likely to witness a robust expansion and a steady CAGR of 7.5% throughout the forecast period, 2027. 


Owing to the rising global challenge for drinking water and pure water scarcity, the need for water treatment processes are growing at a high pace. Henceforth, the demand and requirement for zero liquid discharge technology is expanding in the market robustly due to its limited discharge of water during purification. Additionally, the stakeholders in the global water treatment market is forced to increase and develop the resources for supplying fresh water due to the growing rate of customer’s water consumption and other requirements. As desalination method of water treatment can increase the quantity of fresh water, the global market for water treatment is growing in North America and MEA regions robustly. Besides, nanotechnology is also used for testing and releasing carbon compounds, metals and bimetallic nanoparticles in waste water, which is also driving the market through 2027. Further detailed information is given in the report with explanations.   

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Global Market for Water Treatment to Expand At a Steady CAGR Of 7.5% through 2027: A RRI Study

Key Segmentations

The global market for water treatment has four major segments on the basis of different applications, end-uses, systems and regions. Waste water treatment, zero liquid discharge, process water/ water treatment segment and desalination are the different segments of water treatment processes that comes into application type segment. It is estimated in the report that process water/ water treatment segment is likely to witness the highest market share and is expected to increase 390 BPS in the assessment period. 

Besides, the key end-uses of global market for water treatment analyze in the report include,  commercial buildings, residential buildings, chemical & petrochemicals, industrial, thermoelectric power plants, mining & metals, oil & gas, municipality, pharmaceuticals, food & beverage and other industries. Among all the sub-segments, the industrial segment is estimated to be the largest revenue share segment in the market with an incremental dollar opportunity of approximate US$ 22 billion over the forecast period.  

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Several systems, such as preliminary, membrane bio-reactor (mbr), sludge drying, reverse osmosis (ro),water treatment, disinfectants (uv, ozone), micro-filtration (mf), nano/ultra filtration (nf/uf), sludge thickening & dewatering, activated sludge, sludge treatment and  other technologies, are included in the system type segment of global market for water treatment. The report has shared information about the estimated revenue share of nearly 40% from preliminary water treatment segment by 2016 and is also expected a consistency of sharing revenue in the approaching years.

On the basis of regions, there are seven major regions, include Eastern Europe, Japan, Middle East & Africa (MEA), Latin America, Asia-Pacific excluding Japan (APEJ), North America and Western America, where the global water treatment market has a growing demand.  

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Key Players of Global Water Treatment Market

In the global water treatment market, various key participants are STEULER – KCH GmbH, VA TECH WABAG LIMITED, Eureka Forbes Ltd, TIP TOP Oberflächenschutz Elbe GmbH, 3M, Voltas Limited, SUEZ S.A, Veolia Environnement S.A, Superior Products International II, Ecolab Inc., Pentair Plc., Hitachi, Aquatech International LLC. And WBG WasserBauGesellschaft Kulmbach mbH, among others. More companies are Thermax Ltd, Akzo Nobel N.V., Toshiba Corporation, Aquarion AG, Xylem Inc., Evoqua Water Technologies LLC, Bionics Advanced Filtration Systems (P) Ltd., EnviroChemie GmbH, BWT Aktiengesellschaft, METITO Holdings Ltd., IVRCL and Ion Exchange (India) Ltd, among others. 

Absorption Chillers Market is Poised to Exhibit A Moderate 6.3% CAGR through 2025

Depending upon the heat source assistance, an absorption chiller produce chilled water. Research Report Insights (RRI) has published a report, where it is expected that global market for absorption chillers is likely to witness a significant growth at 6.3% CAGR through the forecast period, 2017-2025. It is also added in the analysis that global market for absorption chillers is predicted to share around US$ 1,300 Mn sales revenue in 2017 and is estimated to account for over US$ 2,050 Mn sales revenue share through 2025. 

Global Absorption Chillers Market: Dynamics

The published study by RRI  has developed comprehensive forecast on the global absorption chiller market. The in-depth analysis has listed a range of factors that are driving the adoption of absorption chiller in the market. Besides, the latest trends, opportunities and restraints are also discussed in the report. Owing to the growing demand for the renewable energy sources, the primary sources are utilizing more efficiently in different connected applications are also rising robustly. These two factors are gearing up the market for growing rapidly in the approaching years. Besides, the solar energy is empowering the absorption chillers for various utilities, which plays as a driver in the market for developing vigorously.

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Key Segments: Global Absorption Chillers Market 

The global market for absorption chillers has five major segments on the basis of technology, different types of absorber, various applications, different power source and regions. On the basis of technology, the market has segmented in double-stage and single-stage segments. Besides, ammonia and lithium bromide are the further sub-segments that fall in absorber type segment. Based on different power resources, there are three sub-segments, such as water driven, indirect fired and direct fired, in the global market for absorption chillers. The applications of absorption chillers has bifurcated into industrial and non-industrial sub-segments. Furthermore, power, chemicals, petroleum, food & beverages and pulp & paper are the sub-segments in industrial segment. Additionally, the non-industrial segment has residential and commercial sub-segments.    

On the basis of regions, the global market for absorption chillers has widely segmented into five leading regions that include, Asia-Pacific, Europe, North America, Middle-East & Africa and Latin America. Among all the regions, Asia Pacific is expected to dominate the market for absorption chillers in terms of huge sales revenue. From this region, the market in China is accounted for CAGR of 7.2%, whereas the Indian market is estimated to grow at a CAGR of 7.1% during the forecast period. In 2017, the absorption chillers market in MEA is anticipated to share US$ 289.2 Mn revenue and is also expected to grow at 7.0% CAGR in the coming years.    

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Key Players    

The global market for absorption chillers has profiled various companies as the key players in the coming years. The key participants are EAW Energieanlagenbau GmbH, Thermax Inc., Carrier Corporation, Trane Inc., Johnson Controls, Inc., Shuangliang Eco-Energy Systems Co. Ltd., Yazaki Corporation, Broad Air Conditioning Co. Ltd., Robur Corporation, Hyundai Climate Control Co. Ltd. and Kawasaki Thermal Engineering Co. Ltd., among others.

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Electrodeposited (ED) Copper Foils Market Estimated to Exhibit 11.6% CAGR through 2025

Owing to the vertical grain structure, an electrodeposited copper foil helps to obtain condensed space and clear walls. Research Report Insights (RRI) has developed a report, where it is estimated that global market for electrodeposited copper foils is likely to expand robustly throughout the forecast period, 2017-2025.Furthermore, this market was anticipated to share US$ 6,664.4 Mn in 2017 revenue.  In addition, it is predicted that the market will increase at 11.6% CAGR and also is estimated for US$ 16,005.6 Mn revenue share in 2025.

Global Market for Electrodeposited Copper Foils: Dynamics

The report has comprehensive details on the various factors that are driving the market as well as are restraining the growth in the upcoming years. Besides, the report has also focused on the different latest trends along with new opportunities that will be growing in this market in the near future. The high demand from end-use industries for ED copper foils is growing robustly. Besides, the market is developing owing to the development of green technologies, which one of the key drivers in this market. Furthermore, the increasing uses of different electronic gadgets, such as laptops, tablets and smartphones, are driving the market rapidly. More thorough details on trends, restraints and upcoming opportunities have been provided in the report. Green Technology & Electronic Gadgets to Drive Global Electrodeposited (ED) Copper Foils Market through 2025:

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Key Segments

Global market for electrodeposited copper foils has segmented on the basis of thickness, various application and regions. There are further segments existent in this market from each segments. Electrodeposited copper foils with <20 μm, 20-50 μm and >50 μm thickness are available in this market. As per the report, it is expected that the <20 μm thickness segment will be sharing an amount of US$ 4,908.2 Mn revenue in 2017 and is predicted to share US$ 12,866.3 Mn revenue through 2025. Besides, this sub-segment is also foreseen to expand at 12.8% CAGR in the approaching years.  

In terms of various applications, global ED copper foils market has further segmented into switchgear, printed circuit boards, batteries, EMI shielding and others. Out of all segments, the report is anticipated that the printed circuit boards is accounted for US$ 4,754.6 Mn revenue share in 2017 along with an estimation of US$ 11,420.9 Mn revenue share through 2025.     

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Geographically, global market for ED copper foils has four major regions, including Latin America, North America, Europe and Asia-Pacific, where the demand for ED copper foils is increasing rapidly. On the basis of prediction, it is anticipated that Asia-Pacific region is likely to grow at a high CAGR of 12.1% along with US$ 14,715.9 Mn revenue share during the forecast period. 

Key Players

The global market for electrodeposited copper foils has profiled several companies as the key participants during the forecast period. The companies are Kingboard Copper Foil Holdings Ltd, Nan Ya Plastics Corp., Arcotech Ltd., Minerex AG, Furukawa Electric Co. Ltd., LS Mtron Ltd, Chang Chun Petrochemical Co. Ltd., JX Nippon Mining & Metals Corporation and Jiangxi Copper Corporation, among others. Other companies are Circuit Foil Luxembourg, Shandong Jinbao Electronics Co. Ltd., Suzhou Fukuda Metal Co. Ltd., LingBao Wason Copper Foil Co. Ltd., Mitsui Mining & Smelting Co. Ltd, Targray Technology International Inc., and Guangdong Chaohua Technology Co., Ltd., among others.

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